PVR Income Before Tax vs Net Income Analysis

PVRINOX Stock   1,487  5.70  0.38%   
PVR INOX financial indicator trend analysis is much more than just breaking down PVR INOX prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PVR INOX is a good investment. Please check the relationship between PVR INOX Income Before Tax and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PVR INOX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PVR INOX Income Before Tax account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PVR INOX's Income Before Tax and Net Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of PVR INOX, assuming nothing else is changed. The correlation between historical values of PVR INOX's Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of PVR INOX are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., PVR INOX's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on PVR INOX income statement and is an important metric when analyzing PVR INOX profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in PVR INOX financial statement analysis. It represents the amount of money remaining after all of PVR INOX operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from PVR INOX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PVR INOX current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PVR INOX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to rise to about 1.1 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense4.7B5.7B7.9B8.3B
Depreciation And Amortization6.1B7.5B12.2B12.8B

PVR INOX fundamental ratios Correlations

0.980.670.980.971.00.980.761.00.560.660.760.910.970.980.780.970.980.880.980.560.820.040.940.18-0.89
0.980.720.960.90.991.00.870.970.540.770.690.881.00.930.830.921.00.930.980.640.80.070.880.13-0.91
0.670.720.80.530.690.710.720.660.670.620.710.740.730.70.890.520.750.810.750.850.470.010.760.05-0.47
0.980.960.80.920.970.970.780.970.610.670.810.940.960.980.840.920.980.90.990.660.790.020.970.18-0.83
0.970.90.530.920.950.910.60.970.530.490.770.880.890.970.660.990.90.750.920.390.80.00.930.2-0.85
1.00.990.690.970.951.00.810.990.560.70.740.90.990.960.810.960.990.90.990.590.820.040.920.16-0.89
0.981.00.710.970.911.00.850.980.540.750.70.891.00.940.820.931.00.920.980.630.810.060.890.14-0.91
0.760.870.720.780.60.810.850.750.470.950.350.690.870.670.830.660.860.940.830.710.640.240.61-0.01-0.81
1.00.970.660.970.970.990.980.750.550.640.760.910.970.980.770.980.980.860.980.550.820.020.940.18-0.89
0.560.540.670.610.530.560.540.470.550.560.650.670.550.610.70.490.570.70.570.480.40.540.63-0.04-0.33
0.660.770.620.670.490.70.750.950.640.560.220.60.770.570.750.550.760.910.710.670.580.520.48-0.01-0.73
0.760.690.710.810.770.740.70.350.760.650.220.80.680.830.660.710.710.60.750.460.56-0.150.910.15-0.45
0.910.880.740.940.880.90.890.690.910.670.60.80.870.940.840.880.890.840.940.470.680.10.95-0.04-0.78
0.971.00.730.960.890.991.00.870.970.550.770.680.870.930.830.911.00.940.980.670.80.080.880.14-0.9
0.980.930.70.980.970.960.940.670.980.610.570.830.940.930.760.960.940.840.960.540.790.040.980.2-0.83
0.780.830.890.840.660.810.820.830.770.70.750.660.840.830.760.670.840.90.850.690.550.120.77-0.1-0.65
0.970.920.520.920.990.960.930.660.980.490.550.710.880.910.960.670.920.780.940.390.810.020.90.16-0.91
0.981.00.750.980.90.991.00.860.980.570.760.710.891.00.940.840.920.940.990.670.80.060.90.15-0.89
0.880.930.810.90.750.90.920.940.860.70.910.60.840.940.840.90.780.940.910.750.730.320.790.09-0.8
0.980.980.750.990.920.990.980.830.980.570.710.750.940.980.960.850.940.990.910.590.780.030.930.09-0.9
0.560.640.850.660.390.590.630.710.550.480.670.460.470.670.540.690.390.670.750.590.550.090.550.27-0.4
0.820.80.470.790.80.820.810.640.820.40.580.560.680.80.790.550.810.80.730.780.550.090.730.41-0.78
0.040.070.010.020.00.040.060.240.020.540.52-0.150.10.080.040.120.020.060.320.030.090.09-0.05-0.07-0.1
0.940.880.760.970.930.920.890.610.940.630.480.910.950.880.980.770.90.90.790.930.550.73-0.050.16-0.74
0.180.130.050.180.20.160.14-0.010.18-0.04-0.010.15-0.040.140.2-0.10.160.150.090.090.270.41-0.070.16-0.05
-0.89-0.91-0.47-0.83-0.85-0.89-0.91-0.81-0.89-0.33-0.73-0.45-0.78-0.9-0.83-0.65-0.91-0.89-0.8-0.9-0.4-0.78-0.1-0.74-0.05
Click cells to compare fundamentals

PVR INOX Account Relationship Matchups

PVR INOX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.3B75.0B73.3B164.8B168.2B176.6B
Short Long Term Debt Total50.7B50.0B52.0B80.5B83.0B87.2B
Other Current Liab3.9B3.1B3.9B2.0B4.0B4.2B
Total Current Liabilities12.9B11.3B14.3B20.5B23.5B24.7B
Total Stockholder Equity14.8B18.3B13.7B73.3B73.2B76.9B
Property Plant And Equipment Net48.0B44.6B42.6B85.7B88.4B92.9B
Net Debt47.5B44.5B47.0B77.2B79.1B83.1B
Cash3.2B5.6B5.0B3.3B3.9B4.1B
Non Current Assets Total66.8B65.0B64.6B156.3B158.3B166.2B
Non Currrent Assets Other4.3B5.7B2.2B2.7B6.4B6.7B
Cash And Short Term Investments3.2B7.1B5.6B3.7B3.9B4.1B
Net Receivables2.0B357.5M817.6M1.8B2.6B2.8B
Common Stock Shares Outstanding50.8M55.1M60.9M65.0M98.1M103.0M
Liabilities And Stockholders Equity74.3B75.0B73.3B164.8B168.2B176.6B
Non Current Liabilities Total46.6B45.4B45.2B71.0B71.5B75.0B
Inventory306.7M249.5M342M663.7M725M761.3M
Other Current Assets2.0B2.3B1.9B1.1B2.7B2.8B
Other Stockholder Equity11.8B23.1B22.9B85.8B86.2B90.5B
Total Liab59.5B56.7B59.6B91.5B95.0B99.7B
Total Current Assets7.5B10.0B8.7B8.5B9.9B10.4B
Short Term Debt5.8B6.1B7.5B10.0B12.5B13.1B
Intangible Assets1.9B1.8B1.6B1.5B1.4B827.3M
Common Stock513.5M607.6M610M979.7M981M525.6M
Short Term Investments77.6M1.6B597.2M351.6M296M452.9M
Accounts Payable3.1B2.0B3.0B5.1B6.5B6.8B
Current Deferred Revenue1.2B973.4M1.2B3.4B531M504.5M
Retained Earnings1.4B(5.7B)(10.6B)(14.0B)(14.3B)(13.6B)
Good Will4.3B11.1B10.5B57.4B57.4B60.3B
Accumulated Other Comprehensive Income273.6M306.7M325.2M442.6M302M286.9M

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When running PVR INOX's price analysis, check to measure PVR INOX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PVR INOX is operating at the current time. Most of PVR INOX's value examination focuses on studying past and present price action to predict the probability of PVR INOX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PVR INOX's price. Additionally, you may evaluate how the addition of PVR INOX to your portfolios can decrease your overall portfolio volatility.